PUBLISHER: IMARC | PRODUCT CODE: 1347421
PUBLISHER: IMARC | PRODUCT CODE: 1347421
Sweet Spreads Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global sweet spreads market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.
Sweet spreads, such as jams, jellies and nut butter, play an integral role in the everyday diet of individuals. Although sweet spreads traditionally formed a part of western cuisines, they have rapidly gained traction in the untapped markets. They are generally consumed with baked wheat products, including bread, bagels, toasts and doughnuts, as a part of breakfast or snack items. Moderate consumption of sweet spreads assists in managing stress, maintaining weight, reducing the risk of cardiovascular diseases, and providing vitamins, minerals, amino acids and other nutrients. As a result, these spreads find applications in the preparation of dips, cakes, pudding, pancakes, smoothies, ice creams and salad dressings.
Owing to rapid urbanization, sedentary lifestyles and hectic schedules, consumers have shifted toward quick, healthy, convenient and on-the-go meal options. This, in turn, is boosting the overall sales of sweet spreads around the world. In addition to this, the growing prevalence of lifestyle diseases in confluence with the increasing health consciousness among consumers has resulted in the rising demand for low-fat and low-sugar sweet spread variants across the globe. Moreover, a significant part of the consumers seek natural and organic products without any artificial additives or preservatives. Further, as consumers are intrigued by different flavors, manufacturers are financing research and development (R&D) activities to introduce new products. Apart from this, several international brands are customizing their products based on the local tastes, preferences and cultural influences to expand their consumer base.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sweet spreads market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, packaging type and distribution channel.
Breakup by Product Type:
Jams and Preserves
Honey
Chocolate Spreads
Nuts and Seed-Based Spreads
Others
Breakup by Packaging Type:
Glass Packaging
Plastic Packaging
Others
Breakup by Distribution Channel:
Hypermarkets and Supermarkets
Specialist Retail Stores
Convenience Stores
Online Stores
Others
Breakup by Region:
Europe
North America
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being J.M. Smucker Company, Kraft Heinz Company, Unilever PLC/NV, Conagra Brands, Inc., Ferrero International S.A., Mondelez International, Inc., Dabur India Limited, Hershey Company, Hormel Foods Corporation, Andros, SNC, etc.
IMARC Group's latest report provides a deep insight into the global sweet spreads market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the sweet spreads market in any manner.
Key Questions Answered in This Report:
- How has the global sweet spreads market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global sweet spreads industry?
- What has been the impact of COVID-19 on the global sweet spreads industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the packaging type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the global sweet spreads industry?
- What are the key driving factors and challenges in the global sweet spreads industry?
- What is the structure of the global sweet spreads industry and who are the key players?
- What is the degree of competition in the global sweet spreads industry?
- What are the profit margins in the global sweet spreads industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Sweet Spreads Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Packaging Type
- 5.6 Market Breakup by Distribution Channel
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
6 Market Breakup by Product Type
- 6.1 Jams and Preserves
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Honey
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Chocolate Spreads
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Nuts and Seed-Based Spreads
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Packaging Type
- 7.1 Glass Packaging
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Plastic Packaging
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Hypermarkets and Supermarkets
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Specialist Retail Stores
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Convenience Stores
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Online Stores
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 Europe
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 North America
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Asia Pacific
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East and Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
- 13.1 Key Price Indicators
- 13.2 Price Structure
- 13.3 Margin Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 J.M. Smucker Company
- 14.3.2 Kraft Heinz Company
- 14.3.3 Unilever PLC/NV
- 14.3.4 Conagra Brands, Inc.
- 14.3.5 Ferrero International S.A.
- 14.3.6 Mondelez International, Inc.
- 14.3.7 Dabur India Limited
- 14.3.8 Hershey Company
- 14.3.9 Hormel Foods Corporation
- 14.3.10 Andros, SNC
List of Figures
- Figure 1: Global: Sweet Spreads Market: Major Drivers and Challenges
- Figure 2: Global: Sweet Spreads Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Sweet Spreads Market: Breakup by Product Type (in %), 2022
- Figure 4: Global: Sweet Spreads Market: Breakup by Packaging Type (in %), 2022
- Figure 5: Global: Sweet Spreads Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Sweet Spreads Market: Breakup by Region (in %), 2022
- Figure 7: Global: Sweet Spreads Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Sweet Spreads Industry: SWOT Analysis
- Figure 9: Global: Sweet Spreads Industry: Value Chain Analysis
- Figure 10: Global: Sweet Spreads Industry: Porter's Five Forces Analysis
- Figure 11: Global: Sweet Spreads (Jams and Preserves) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Sweet Spreads (Jams and Preserves) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Sweet Spreads (Honey) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Sweet Spreads (Honey) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Sweet Spreads (Chocolate Spreads) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Sweet Spreads (Chocolate Spreads) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Sweet Spreads (Nuts and Seed-Based Spreads) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Sweet Spreads (Nuts and Seed-Based Spreads) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Sweet Spreads (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Sweet Spreads (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Sweet Spreads (Glass Packaging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Sweet Spreads (Glass Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Sweet Spreads (Plastic Packaging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Sweet Spreads (Plastic Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Sweet Spreads (Other Packaging Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Sweet Spreads (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Sweet Spreads Market: Sales through Hypermarkets and Supermarkets (in Million US$), 2017 & 2022
- Figure 28: Global: Sweet Spreads Market Forecast: Sales through Hypermarkets and Supermarkets (in Million US$), 2023-2028
- Figure 29: Global: Sweet Spreads Market: Sales through Specialist Retail Stores (in Million US$), 2017 & 2022
- Figure 30: Global: Sweet Spreads Market Forecast: Sales through Specialist Retail Stores (in Million US$), 2023-2028
- Figure 31: Global: Sweet Spreads Market: Sales through Convenience Stores (in Million US$), 2017 & 2022
- Figure 32: Global: Sweet Spreads Market Forecast: Sales through Convenience Stores (in Million US$), 2023-2028
- Figure 33: Global: Sweet Spreads Market: Sales through Online Stores (in Million US$), 2017 & 2022
- Figure 34: Global: Sweet Spreads Market Forecast: Sales through Online Stores (in Million US$), 2023-2028
- Figure 35: Global: Sweet Spreads Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
- Figure 36: Global: Sweet Spreads Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
- Figure 37: Europe: Sweet Spreads Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Europe: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: North America: Sweet Spreads Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: North America: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Asia Pacific: Sweet Spreads Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Asia Pacific: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Middle East and Africa: Sweet Spreads Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Middle East and Africa: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Latin America: Sweet Spreads Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Latin America: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2023-2028
List of Tables
- Table 1: Global: Sweet Spreads Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Sweet Spreads Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Sweet Spreads Market Forecast: Breakup by Packaging Type (in Million US$), 2023-2028
- Table 4: Global: Sweet Spreads Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 5: Global: Sweet Spreads Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Sweet Spreads Market: Competitive Structure
- Table 7: Global: Sweet Spreads Market: Key Players
